BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
Question
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Examples of external environment; except:
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Fashion
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Organization Structure
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Political
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Competition
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Explanation:
Detailed explanation-1: -External environmental factors are the factors outside the organization that influence the business. These often include the social and cultural, natural environment, political, legal, technological, and economic factors.
Detailed explanation-2: -In this vein, the general environment classified into differed seven segments i.e: demographic, economic, political/legal, sociocultural, technological, global and physical.
Detailed explanation-3: -Factors like competition, market, economic, demographic, and environmental factors all play a role in the external environment of an organisation.
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